Showing 1 - 10 of 354
-area sovereign debt crisis and the effectiveness of the European Central Bank's conventional monetary policy. First, our results show …
Persistent link: https://www.econbiz.de/10013023482
We simulate the macroeconomic and welfare implications of different fiscal consolidation scenarios in Italy using a …
Persistent link: https://www.econbiz.de/10013138599
The paper provides empirical evidence on the effects of ECB conventional and unconventional monetary policy on the euro exchange rate, focusing on the period from January 2013 to September 2017. Innovations to conventional and unconventional monetary policies are identified through changes in,...
Persistent link: https://www.econbiz.de/10012919571
Using micro price data underlying the Harmonized Index of Consumer Prices in France, Germany and Italy, we estimate … in France, 1.2-2.0 per cent in Germany, 0.8-1.0 per cent in Italy, and 1.1-1.7 per cent in the euro area (three …
Persistent link: https://www.econbiz.de/10013313732
Using a simple method, based on forward interest spreads, we analyse the recent movements in the 10-year yield differentials between three currencies (Italian lira; Spanish peseta; Swedish krona) and the DM in order to gauge the extent to which the reduction in these differentials was due to...
Persistent link: https://www.econbiz.de/10014214618
This paper builds a model-based dynamic monetary and fiscal conditions index (DMFCI) and uses it to examine the evolution of the joint monetary and fiscal policy stance in the euro area (EA) and its three largest member countries over the period 2007-2018. The index is based on the relative...
Persistent link: https://www.econbiz.de/10014092440
This paper studies the effects of fiscal policy on private GDP, inflation and the long-term interest rate in Italy …
Persistent link: https://www.econbiz.de/10012725077
outcomes using administrative data from Bocconi University matched with Italian tax records. The estimation exploits the random …
Persistent link: https://www.econbiz.de/10013027984
in the estimation. However the sensitivity changes with the sample. To this end, we show how estimating the same …
Persistent link: https://www.econbiz.de/10013012472
This work analyses the effects of the slowdown that has hit Germany since 2018 on the Italian economy using data from …
Persistent link: https://www.econbiz.de/10013313730